401k Plan data: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN plan

NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 401k Plan overview

Plan Name	NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN
Plan identification number	004

NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

NORTH EASTON SAVINGS BANK has sponsored the creation of one or more 401k plans.

Company Name: NORTH EASTON SAVINGS BANK

Employer identification number (EIN): 041677530

NAIC Classification: 522120
NAIC Description: Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
004 2023-01-01
004 2022-01-01
004 2021-01-01
004 2020-01-01
004 2019-01-01 MIKAELYN POORE 2020-07-17 MIKAELYN POORE 2020-07-17

Plan Statistics for NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN

401k plan membership statisitcs for NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN

Measure Date Value
2023: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 183
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 149
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 40
Total of all active and inactive participants 2023-01-01 189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 189
Number of participants with account balances 2023-01-01 182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 20
2022: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 232
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 142
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 37
Total of all active and inactive participants 2022-01-01 179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 179
Number of participants with account balances 2022-01-01 174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 29
2021: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 170
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 159
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 79
Total of all active and inactive participants 2021-01-01 238
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 238
Number of participants with account balances 2021-01-01 234
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 32
2020: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 187
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 152
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 26
Total of all active and inactive participants 2020-01-01 178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 178
Number of participants with account balances 2020-01-01 173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 22

Measure	Date	Value
2023: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	183
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	149
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	40
Total of all active and inactive participants	2023-01-01	189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	189
Number of participants with account balances	2023-01-01	182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	20
2022: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	232
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	142
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	37
Total of all active and inactive participants	2022-01-01	179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	179
Number of participants with account balances	2022-01-01	174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	29
2021: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	170
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	159
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	79
Total of all active and inactive participants	2021-01-01	238
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	238
Number of participants with account balances	2021-01-01	234
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	32
2020: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	187
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	152
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	26
Total of all active and inactive participants	2020-01-01	178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	178
Number of participants with account balances	2020-01-01	173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	22

Financial Data on NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN

Measure	Date	Value
2023 : NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total income from all sources (including contributions)	2023-12-31	$4,256,002
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$1,059,208
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$1,006,744
Value of total corrective distributions	2023-12-31	$10,552
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$2,435,644
Value of total assets at end of year	2023-12-31	$15,432,176
Value of total assets at beginning of year	2023-12-31	$12,235,382
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$41,912
Total interest from all sources	2023-12-31	$63,055
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$175,101
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$175,101
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$2,333,333
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$864,167
Participant contributions at end of year	2023-12-31	$326,350
Participant contributions at beginning of year	2023-12-31	$298,720
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$669,563
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Value of net income/loss	2023-12-31	$3,196,794
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$15,432,176
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$12,235,382
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Investment advisory and management fees	2023-12-31	$8,706
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$8,763,568
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$1,389,887
Value of interest in pooled separate accounts at end of year	2023-12-31	$1,075,018
Value of interest in pooled separate accounts at beginning of year	2023-12-31	$6,185,629
Interest on participant loans	2023-12-31	$18,661
Interest earned on other investments	2023-12-31	$44,394
Value of interest in common/collective trusts at end of year	2023-12-31	$2,041,535
Value of interest in common/collective trusts at beginning of year	2023-12-31	$1,601,532
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2023-12-31	$2,674,883
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2023-12-31	$2,266,513
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$735,750
Net investment gain/loss from pooled separate accounts	2023-12-31	$541,168
Net investment gain or loss from common/collective trusts	2023-12-31	$305,284
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	No
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Contributions received in cash from employer	2023-12-31	$901,914
Employer contributions (assets) at end of year	2023-12-31	$550,822
Employer contributions (assets) at beginning of year	2023-12-31	$493,101
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$1,006,744
Contract administrator fees	2023-12-31	$33,206
Did the plan have assets held for investment	2023-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	CAROL & BLETZER, PLLC
Accountancy firm EIN	2023-12-31	043499945
2022 : NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$55,795
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$1,012,802
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$953,448
Value of total corrective distributions	2022-12-31	$6,223
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,835,341
Value of total assets at end of year	2022-12-31	$12,235,382
Value of total assets at beginning of year	2022-12-31	$13,192,389
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$53,131
Total interest from all sources	2022-12-31	$51,222
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$43,459
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$43,459
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$2,333,333
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$786,638
Participant contributions at end of year	2022-12-31	$298,720
Participant contributions at beginning of year	2022-12-31	$273,792
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$229,899
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-957,007
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$12,235,382
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$13,192,389
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$1,389,887
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$1,505,245
Value of interest in pooled separate accounts at end of year	2022-12-31	$6,185,629
Value of interest in pooled separate accounts at beginning of year	2022-12-31	$6,381,836
Interest on participant loans	2022-12-31	$13,367
Interest earned on other investments	2022-12-31	$37,855
Value of interest in common/collective trusts at end of year	2022-12-31	$1,601,532
Value of interest in common/collective trusts at beginning of year	2022-12-31	$1,980,706
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$2,266,513
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$2,489,421
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-277,013
Net investment gain/loss from pooled separate accounts	2022-12-31	$-1,224,282
Net investment gain or loss from common/collective trusts	2022-12-31	$-372,932
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$818,804
Employer contributions (assets) at end of year	2022-12-31	$493,101
Employer contributions (assets) at beginning of year	2022-12-31	$561,389
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$953,448
Contract administrator fees	2022-12-31	$53,131
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Disclaimer
Accountancy firm name	2022-12-31	WOLF & COMPANY, P.C.
Accountancy firm EIN	2022-12-31	042689883
2021 : NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$3,225,635
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,094,520
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,030,010
Value of total corrective distributions	2021-12-31	$9,052
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,923,872
Value of total assets at end of year	2021-12-31	$13,192,389
Value of total assets at beginning of year	2021-12-31	$11,061,274
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$55,458
Total interest from all sources	2021-12-31	$48,169
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$31,714
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$31,714
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$2,333,333
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$774,682
Participant contributions at end of year	2021-12-31	$273,792
Participant contributions at beginning of year	2021-12-31	$257,271
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$259,882
Other income not declared elsewhere	2021-12-31	$1,706
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$2,131,115
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$13,192,389
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$11,061,274
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$1,505,245
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$1,249,853
Value of interest in pooled separate accounts at end of year	2021-12-31	$6,381,836
Value of interest in pooled separate accounts at beginning of year	2021-12-31	$5,231,031
Interest on participant loans	2021-12-31	$12,544
Interest earned on other investments	2021-12-31	$35,625
Value of interest in common/collective trusts at end of year	2021-12-31	$1,980,706
Value of interest in common/collective trusts at beginning of year	2021-12-31	$1,944,574
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$2,489,421
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$1,914,028
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$118,343
Net investment gain/loss from pooled separate accounts	2021-12-31	$801,891
Net investment gain or loss from common/collective trusts	2021-12-31	$299,940
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$889,308
Employer contributions (assets) at end of year	2021-12-31	$561,389
Employer contributions (assets) at beginning of year	2021-12-31	$464,517
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,030,010
Contract administrator fees	2021-12-31	$55,458
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Qualified
Accountancy firm name	2021-12-31	WOLF & COMPANY, P.C
Accountancy firm EIN	2021-12-31	042689883
2020 : NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets	2020-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$0
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$2,982,134
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$892,648
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$852,047
Expenses. Certain deemed distributions of participant loans	2020-12-31	$0
Value of total corrective distributions	2020-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,620,671
Value of total assets at end of year	2020-12-31	$11,061,274
Value of total assets at beginning of year	2020-12-31	$8,971,788
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$40,601
Total income from rents	2020-12-31	$0
Total interest from all sources	2020-12-31	$19,626
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$6,273
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$6,273
Administrative expenses professional fees incurred	2020-12-31	$0
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$7,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Amount of non-exempt transactions with any party-in-interest	2020-12-31	$0
Contributions received from participants	2020-12-31	$588,978
Participant contributions at end of year	2020-12-31	$257,271
Participant contributions at beginning of year	2020-12-31	$170,508
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$295,506
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$0
Other income not declared elsewhere	2020-12-31	$0
Administrative expenses (other) incurred	2020-12-31	$0
Liabilities. Value of operating payables at beginning of year	2020-12-31	$0
Total non interest bearing cash at end of year	2020-12-31	$0
Total non interest bearing cash at beginning of year	2020-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$2,089,486
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$11,061,274
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$8,971,788
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2020-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2020-12-31	$0
Investment advisory and management fees	2020-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$1,249,853
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$0
Value of interest in pooled separate accounts at end of year	2020-12-31	$5,231,031
Value of interest in pooled separate accounts at beginning of year	2020-12-31	$591,060
Interest on participant loans	2020-12-31	$11,992
Income. Interest from loans (other than to participants)	2020-12-31	$0
Interest earned on other investments	2020-12-31	$7,634
Income. Interest from US Government securities	2020-12-31	$0
Income. Interest from corporate debt instruments	2020-12-31	$0
Value of interest in common/collective trusts at end of year	2020-12-31	$1,944,574
Value of interest in common/collective trusts at beginning of year	2020-12-31	$7,728,972
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$1,914,028
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$124,387
Expenses. Payments to insurance carriers foe the provision of benefits	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$102,423
Net investment gain/loss from pooled separate accounts	2020-12-31	$539,011
Net investment gain or loss from common/collective trusts	2020-12-31	$694,130
Net gain/loss from 103.12 investment entities	2020-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$736,187
Employer contributions (assets) at end of year	2020-12-31	$464,517
Employer contributions (assets) at beginning of year	2020-12-31	$356,861
Income. Dividends from preferred stock	2020-12-31	$0
Income. Dividends from common stock	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$852,047
Contract administrator fees	2020-12-31	$40,601
Liabilities. Value of benefit claims payable at beginning of year	2020-12-31	$0
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2020-12-31	$0
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	WOLF & COMPANY, P.C.
Accountancy firm EIN	2020-12-31	042689883

Form 5500 Responses for NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN

2023: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Insurance	Yes
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement – Insurance	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	Yes
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: NORTH EASTON SAVINGS BANK 401(K) MATCHING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

534060

Policy instance

Insurance contract or identification number	534060
Number of Individuals Covered	189
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

613953

Policy instance

Insurance contract or identification number	613953
Number of Individuals Covered	189
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

534060

Policy instance

Insurance contract or identification number	534060
Number of Individuals Covered	179
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $10,190
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $10,190
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

613953

Policy instance

Insurance contract or identification number	613953
Number of Individuals Covered	179
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $4,097
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $4,097
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

534060

Policy instance

Insurance contract or identification number	534060
Number of Individuals Covered	238
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $11,293
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $11,293
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

613953

Policy instance

Insurance contract or identification number	613953
Number of Individuals Covered	238
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $4,363
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $4,363
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

534060

Policy instance

Insurance contract or identification number	534060
Number of Individuals Covered	178
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $1,422
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $1,422
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

613953

Policy instance

Insurance contract or identification number	613953
Number of Individuals Covered	178
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $286
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $286
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

Potentially related plans

NORTH EASTON MACHINE CO INC 401 K PROFIT SHARING PLAN TRUST [EIN = 042441019]

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Company Name:	NORTH EASTON SAVINGS BANK
Employer identification number (EIN):	041677530
NAIC Classification:	522120
NAIC Description:	Savings Institutions